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Birmingham Building Designers

Chancellor George Osborne has stressed to CN the government’s commitment to construction, saying it is “vital” to enable the UK to compete in the global race.

Birmingham Building Designers: Speaking in Birmingham this morning, Mr Osborne told how infrastructure is “vital to a country like Britain”.
Mr Osborne was in Birmingham to promote the launch of the city’s enterprise zone.

Asked what role construction can play in economic recovery, and when the industry can expect to see more immediate projects coming to the fore, he told CN: “We need to compete in the global race, and there are businesses around the world that can choose either to base themselves here in Birmingham and the West Midlands or in Shanghai or Bangalore.

“These are the decisions big companies are making. I think economic infrastructure is really vital to a country like Britain and to a city like Birmingham.”

Mr Osborne said this is partly about the tax support the government provides to business, saying “we have now got one of the most competitive tax regimes in the entire world”.